QUESTION RELATED UNDER ASSESSMENT PROCEEDINGS U/S 147 .
This query is : Resolved
09 November 2019
During demonitisation period 2016, my client deposited rs 10 lacs into his savings bank account , ok , now few notices have been issued to my client ( AY 2017-2018 ) by asking that
From which source that amount ( rs 10 lacs ) came out to him ? Please specify that source .
My question :
1) From which source that amount he ( my client ) got should i say to ITO so as to vacate any demand against that notice ?
2) What is the ultimate remedy to overcome that above situatuion ?
Please justify with reasons & by using proper provisions only otherwise not .
Regards.
From which source that amount ( rs 10 lacs ) came out to him ? Please specify that source .
My question :
1) From which source that amount he ( my client ) got should i say to ITO so as to vacate any demand against that notice ?
2) What is the ultimate remedy to overcome that above situatuion ?
Please justify with reasons & by using proper provisions only otherwise not .
Regards.
04 June 2020
Please do mail me at ashakantasharma@gmail.com with all the details for complete analysis of the same.
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